Latest Articles about Economics
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Turkish Prime Minister’s Visit to Mongolia
Turkish Prime Minister Recep Tayyip Erdogan’s visit to Mongolia last month (April 11–12) is likely to result in closer bilateral economic cooperation in addition to the two countries’ already well-established cultural, educational and security ties. As is traditional for Turkish high-level guests to Mongolia, Prime... MORE
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Russian Experts Call on Moscow to Turn North Caucasus into ‘Internal Turkey’
Analysis provided by a group of Russian experts suggests that the Russian government should move away from large economic projects in the North Caucasus to creating a favorable environment for local entrepreneurs. In order to achieve the goal of steady economic development of the region,... MORE
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Almaty Hosts ‘Heart of Asia’ Conference
On April 26, Almaty hosted the third Ministerial Conference of the Istanbul Process. Many foreign ministers attended, though some countries, such as the United States, were represented by their deputies. Kazakhstani President Nursultan Nazarbayev keynoted the event, which was co-chaired by Kazakhstani Foreign Minister Erlan... MORE
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Kazakhstan’s Next Economic Boom: The SME Sector Prepares to Take Off
It is a well-known fact that small- and medium-size enterprises (SMEs) have been the engine of economic growth of the developed economies and the source for creating most new jobs. In the majority of the member countries of the Organization for Economic Cooperation and Development... MORE
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China’s Strategic Recalibration in Burma
When Chinese President Xi Jinping met with his Burmese counterpart U. Thein Sein in Sanya on April 5, the usual sunny platitudes about enhancing “all-round cooperation” were dampened by veiled references to the threat of Western encroachment in the Southeast Asian country and the rocky... MORE
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Belarus: Modernization amid Two Integration Projects
The latest stream of news from Belarus has three refrains—modernization, integration into the Eurasian Economic Community (EEC), and reinvigoration of ties with the European Union. All three are contained in President Alyaksandr Lukashenka’s annual report to the National Assembly delivered on April 19 (https://www.sb.by/post/146628/). Lukashenka... MORE
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Japanese Prime Minister Abe Declares Mongolia’s Increasing Importance for Tokyo’s Foreign Policy
The recent March 30–31 trip to Mongolia of Japanese Prime Minister Shinzo Abe, who has yet to meet with Chinese leaders since assuming office in December 2012, was timed to solidify Japan’s relationship with the most vibrant mining economy in Northeast Asia. This visit has... MORE
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Moscow Approves New Funding to Develop Far Eastern Regions
The Russian federal government approved a series of blueprints to develop the country’s Far Eastern regions, as well as new tax incentives. These programs included promises of unprecedented financial inflows into these remote areas.On April 4, the Russian federal government released a final decision to... MORE
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Beijing Builds its Eurasian Transportation Network
China continues to make progress in building its Eurasian transportation networks with the aim of deepening its economic ties in Central and South Asia as well as providing a foundation for its regional security interests. Gwadar, a port town in western Pakistan close to Iran... MORE
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Accession to the Customs Union with Russia, Kazakhstan and Belarus Threatens Kyrgyzstan’s Domestic Stability
On April 3, Kyrgyzstan’s President Almazbek Atambayev made a speech before the students of the Kyrgyz State Technical University in Bishkek. While he addressed a number of issues related to both the domestic and foreign politics of the Central Asian republic, Atambayev particularly stressed the... MORE